Schedule IV - Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2022

Mortgage Loans on Real Estate

December 31, 2022


Asset Type	Number	Interest Rate	Maturity Date Range	Balance Sheet Reported Amount			Principal Amount of Loans Subject to Delinquent Principal or Interest
(Dollars in Thousands)
Residential Whole Loans
Original loan balance $0 - $149,999	7,282	0.00% - 16.00%	3/15/2010-4/1/2062	$	613,600		$	61,065
Original loan balance $150,000 - $299,999	7,740	0.00% - 13.49%	3/10/2013-8/1/2062	1,356,976			123,816
Original loan balance $300,000 - $449,999	3,601	0.00% - 12.60%	12/1/2018-9/1/2062	1,054,821			125,233
Original loan balance greater than $449,999	5,220	0.30% - 12.95%	12/1/2018-9/1/2071	4,528,656			255,171
	23,843			$	7,554,053	(1)(2)	$	565,285

(1)Excludes an allowance for loan losses of $35.3 million at December 31, 2022.

(2)The federal income tax basis is approximately $4.3 billion.

Reconciliation of Balance Sheet Reported Amounts of Mortgage Loans on Real Estate

The following table summarizes the changes in the carrying amounts of residential whole loans during the year ended December 31, 2022:


	For the Year Ended December 31, 2022
(In Thousands)	Residential Whole Loans
Beginning Balance	$	7,913,000
Additions during period:
Purchases	$	3,126,424
Premium amortization/discount accretion, net	9,798
Reversal of provision for loan loss	4,133

Deductions during period:
Repayments	$	(1,814,509)
Loan sales and repurchases	(973,283)
Changes in fair value recorded in Net gain/(loss) on residential whole loans measured at fair value through earnings	(676,076)
Transfer to REO	(70,748)
Ending Balance	$	7,518,739